News

Health and Plant Protein Group (HPP) has announced a $385,000 investment in EVR Foods, Inc, the holding entity of the LAVVA brand.

PepsiCo expects to achieve 100% renewable electricity in Australia this year, as the global company commits to reducing GHG emissions across its entire value chain by 40% by 2030.

This year’s Finder Retail Awards analysed thousands of responses from Australian consumers to find their favourite brands, from jam to long-life milk.

Foodbank, the Australian Food & Grocery Council and the Australian Institute of Packaging are among 17 members forming the new $4 million body to help reduce the nation’s food waste by 2030.

Saputo Dairy Australia has renamed Coon Cheese to Cheer Cheese, following the company’s “careful and diligent review” to maintain the brand while also aligning with “current attitudes and perspectives”.

Murray River Organics has sold its table grape property in Merbein, Victoria for $5.5 million in aim to reduce the company’s debt.

Food tech company Naturo has secured a $1 million federal grant for its patented milk processing technology, which extends fresh milk’s shelf life to more than 60 days.

Honey brand Meluka Australia will have two of its native honey products stocked in 40 Whole Foods stores in Northern California from April, as parent company Eve Investments secures new distribution deal.

Australia’s seafood industry has recorded a 30 per cent growth in seafood sales over the festive season, with prawns, rock oysters, crabs and bugs the most popular purchases throughout December.

The federal government has announced it is investing $14.9 million into nine projects worth over $40 million under Round 10 of the Cooperative Research Centre Projects (CRC-P) initiative.

Australian cultured meat company Vow has secured $7.7 million (US$6 million) seed funding from some of the country’s leading venture capital companies.

Freedom Foods Group’s recovery plan took another step forward this week with confirmation three existing board members will retire at the AGM on 29 January 2021.

Ingham’s will sell its New Zealand dairy nutrition business to SunRice Group for around $10.79 million (NZ$11.5 million). The sale is expected to be completed by the end of March.

The Arnott’s Group will buy the Cereals and Snacks business from Freedom Foods Group for $20 million in cash. The sale is set to be completed by 1 March 2021.

Accolade Wines will sell two of its wineries and relocate production of Petaluma, Croser and Grant Burge portfolios to its Tintara and St Hallett wineries.

The Australian Competition & Consumer Commission has handed down its report from the perishable agricultural goods inquiry, making four recommendations.